Recent #FTC news in the semiconductor industry

➀ The FTC has already distributed over $126 million in refunds to Fortnite players for unwanted purchases, which is about half of the agreed $245 million settlement with Epic Games.

➁ The FTC is extending the claim submission period to July 9, 2025.

➂ The settlement stems from the FTC's accusations against Epic Games for deceptive practices in billing.

FTC

hothardware

6 months ago

FBI Warns Millions Of Drivers To Beware Of Unpaid Toll Road SMS Scam

➀ The FBI has issued a warning to hundreds of millions of commuters about a fraudulent SMS scam claiming unpaid tolls.

➁ The scam involves fraudulent text messages threatening a late fee if the toll is not paid.

➂ The FBI has received over 2,000 complaints about this scam since early 2024.

FTC scam security

tomshardware

8 months ago

Razer settles 'deceptive' marketing FTC lawsuit for over $1 million — 6,764 Zephyr mask buyers to get full refunds

➀ Razer settles FTC lawsuit for deceptive advertising of Zephyr mask; ➁ $100,000 fine and $1,071,254.33 to be refunded to consumers; ➂ FTC warns against scams posing as agency representatives.

Consumer Protection FTC Refund gaming

hothardware

9 months ago

FTC Sounds Alarm Over Massive Spike In Online Game-Like Job Scams

➀ The FTC warns of a significant increase in online job scams, known as 'task scams,' which ask applicants to perform fake tasks to defraud them of money. ➁ The scams often involve receiving vague messages about online work and being asked to complete tasks like 'app optimization' or 'product boosting.' ➂ The FTC reports that these scams have quadrupled in the first half of 2024, with reported losses exceeding $220 million in the first six months.

FTC security

hothardware

9 months ago

FTC Says It's Time To Claim Your Share Of An Epic $245M Fortnite Settlement

➀ The FTC is planning to distribute $72 million to eligible claimants from a $245 million settlement with Epic Games; ➁ The settlement was reached after the FTC accused Epic Games of using dark patterns to trick players into unwanted purchases; ➂ The FTC alleged that Fortnite's button configuration led to unwanted charges for players of all ages.

FTC

hothardware

about 1 year ago

FTC Cracks Down On AI-Generated Fake Reviews, Fines For Violators

1. The Federal Trade Commission (FTC) has finalized a new rule to combat fake reviews, including those generated by AI. 2. The rule bans businesses from posting false testimonials and prohibits the buying of both positive and negative reviews. 3. The FTC hopes that the new rule, which allows for civil penalties, will deter fake review practices.

AI FTC

SemiVoice

Recent #FTC news in the semiconductor industry

FTC Sends $126M In Epic Refunds And Reopens Fortnite Claims With A New Deadline

FBI Warns Millions Of Drivers To Beware Of Unpaid Toll Road SMS Scam

Razer settles 'deceptive' marketing FTC lawsuit for over $1 million — 6,764 Zephyr mask buyers to get full refunds

FTC Sounds Alarm Over Massive Spike In Online Game-Like Job Scams

FTC Says It's Time To Claim Your Share Of An Epic $245M Fortnite Settlement

FTC Cracks Down On AI-Generated Fake Reviews, Fines For Violators